Digital issuance refers to the creation and distribution of digital assets, such as cryptocurrencies, using blockchain technology. This process involves generating new tokens or coins and making them available to users through specific protocols and mechanisms.
Custody in the context of cryptocurrency refers to the safekeeping and management of digital assets on behalf of clients or users. This can include holding private keys, managing wallets, and securing access to the assets to prevent unauthorized transactions or theft.
In cryptocurrency, digital issuance and custody are closely intertwined, as the issuance of new tokens or coins often involves the need for secure custody solutions to protect these assets. This is essential to ensure the safety and integrity of the digital assets being issued and held, as well as to maintain trust and confidence among users and investors. Proper custody practices are crucial for the long-term success and adoption of cryptocurrencies.
